In many jurisdictions, the requirements as to the sufficiency of notice of lien are prescribed by statute. Counsel should be certain to consult the applicable statutes in the particular jurisdiction to ensure full compliance with the necessary requirements.
Indiana Notice of Special or Charging Lien on Judgment
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How to fill out Notice Of Special Or Charging Lien On Judgment?
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Every judgment and decree of any court of record of the United States, of Indiana, or of any other state shall be considered satisfied after the expiration of twenty (20) years.
Code § 32-28-13-1. As used in this chapter, "common law lien" means a lien against real or personal property that is not: (1) a statutory lien; (2) a security interest created by agreement; or (3) except as provided in this chapter, a judicial lien obtained by legal or equitable process or proceedings.
How long does a judgment lien last in Indiana? A judgment lien in Indiana will remain attached to the debtor's property (even if the property changes hands) for ten years.
A judgment lien is created automatically on the debtor's property if the property is located in the Indiana county where the judgment is handed down. For debtor property in another Indiana county, the creditor files a copy of the judgment with the circuit court clerk for that county.
The kind of liens that can directly affect your personal property include mortgage, judgment, attachment, estate tax, Federal tax, bail bond, municipal utility and vendor's liens but can also include corporate franchise tax (if you own a business), mechanic's or vendee's (if you work in the building industry).
Indiana Liens and Limitations NATURE OF LIENCITATIONMunicipal Ordinance Violation Lien36-1-6-2Old Age, Blind, Disabled Assistance Lien12-14-16-1, 2, 3Plats of City Lots, Lien for Expenses (plat and survey)36-7-3-9Restitution Lien (Criminal Proceedings)35-50-5-32 more rows
As opposed to the judgment itself, the judgment lien expires ten (10) years after ?rendition of the judgment.? I.C. 34-55-9-2. Unlike some other states, an Indiana judgment lien may be enforced by the creditor; you do not have to wait for the property to be sold.
Entry of intention to hold lien (a) An attorney, not later than sixty (60) days after the date the judgment is rendered, must enter in writing upon the docket or record in which the judgment is recorded, the attorney's intention to hold a lien on the judgment, along with the amount of the attorney's claim.
